Pixar Animation Studios has laid off less than 5% of its staff due to the delay of its upcoming film “The Good Dinosaur,” according to a company spokesperson.
Earlier this year, “The Good Dinosaur” was pushed back from its original release date of May 30, 2014, to Nov. 25, 2015, leaving the award-winning company without a film in 2014.
“At Pixar, we are constantly re-evaluating the creative and business needs of our studio,” a Pixar spokesman said. “With the release date change of ‘The Good Dinosaur,’ we have realigned our production and support priorities, which includes a small reduction in our staffing levels.”
The Emeryville-based animation house, owned by Walt Disney Studios, employees over 1,200 people.
“The Good Dinosaur” parted ways with director Bob Peterson this past summer and has yet to name another director on the project.
LATimes first reported the news.
more to come…